In October 2021, Budget 2022 was tabled and one of the biggest highlights of it is the treatment of foreign-sourced income.
Update Jan 2022
For individual tax payers, foreign-sourced income is exempted.
Richard Oon, National Tax Director of ShineWing TY Teoh discussed:
– The Legal Approach to Tax Mitigation and Tax Mitigation Ideas
– Budget 2022 and its Impact to Individual Taxpayers
– What You Need to Know about Foreign-Source Income
– IRB’s Recent Approaches and What You Need to Do.
– Interactive Discussion, FAQs and Many More … etc.